Quote from: xxjs on August 28, 2013, 11:12:19 PM

Quote from: xxjs on August 28, 2013, 11:08:11 PM

Quote from: ElectricMucus on August 28, 2013, 09:35:58 PM

Quote from: chufchuf on August 28, 2013, 09:33:05 PM

Quote from: ElectricMucus on August 28, 2013, 07:43:16 PM

I don't have to explain myself.

you usually complain about money velocity and when it comes to inflation your opinion is the less the value of the money becomes over time the better it is LOL

~~If you say so.~~

Actually I'm in favor of a system where the buying power of the money remains constant.

And this is clearly impossible.

... because, should something like a stable currency show up, people would be less interested in holding assumed inflation hedging assets, which would itself change all prices, including the price of money measured in goods.

Ever heard of the Nash Equilibrium?